Tag Archives: Essential

Home Insurance Is Essential, Not Optional

Article by Dakota Lindal

Car insurance is quite easy to understand. You take out insurance on your car, your car is stolen or you are involved in an accident – your car gets replaced or fixed. So let’s apply this same logic to your home. Your home will probably never get stolen (a caravan or motor home does not count as a home!) and therefore will not need to be replaced. and how badly can a house really be damaged to justify home insurance?

Home insurance falls into two categories. The first category is called casualty insurance and this will cover the home and the contents of the home. The second category is liability insurance which will cover any person who is injured while on your property.

Do you need home insurance? Everyone does! Regardless of whether you own the house or rent the house you are staying in, home insurance is essential! It does not matter if you stay in a 5 bedroom palace in a luxury estate, in a cosy family home in a quiet neighborhood or on the 10th floor of a large block of flats; you still need to be able to protect your family, your possessions and your home! Home insurance, as any other insurance policy, is there to cover you when things go wrong and this can happen to anyone at any time!

It makes good sense to get your home insurance in place as soon as possible. Even if you are a first time buyer, moving into your new house, home insurance should be as high on the to-do list as finding the perfect living room set with matching pillows!

Before you start searching for a home insurance policy, it is important to first gather all your facts and information. You will need to know the size and age of the building, the structure, location and everything in between. Next you’ll need to take a thorough inventory of everything in your home. All of these factors will influence the type and value of the policy you will require.

Be very careful when operating a home-based business from your premises. Do not assume that your business will be covered under home owner insurance. It is usually necessary to take out a separate business owner insurance policy as different policies cater for different requirements.

You have to make sure of a couple of things before deciding on a policy: Will acts of nature be covered by the policy? What if an item is covered under home insurance, but was stolen while being transported in your car? Will the insurance still pay out or won’t the item be covered? An insurance broker will be able to assist you will all the information you require. It is also possible to pay a visit to an insurance company or enquire via phone or email. It is important to make an informed decision and as we live in the digital area, we have access to more than enough information to do just that!

Do a lot of research and shop around. You will be pleasantly surprised with the number of affordable home insurance policies available on the market. Once you are totally satisfied with your chosen policy, you can sign on the dotted line and enjoy carefree living in your lovely home!

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For more home insurance information go to http://www.insurance.co.za

Five Reasons It Is Essential to Buy Business Property Insurance

Any company is likely to encounter its own risks during operation, whether they are a lack of consumers, or a struggle with gaining financial profit. While these risks can often be foreseen, it is essential for any company to utilize business property insurance to help when planning for the unforeseen. To understand the value of this protection, look to the top five reasons companies seek coverage when attempting to plan for unexpected circumstances.

1. Fire

No company expects an individual or associate to enter the store with a lit match intending to burn down their location. The risk is often found in the event of an electrical failure or an adjacent building catching fire with the flames spreading. With business property insurance you can be prepared when the risks of fire become a reality. This vital protection can help in recovering the losses of a fire including building repair, inventory loss, and many other features that are important for your company’s protection.


2. Flood

As the nation experiences of the heaviest rain seasons in history on a nationwide scale, the need for flood protection becomes a greater reality, regardless of your location. While a flood may not seem threatening, the damage that water does to buildings and products are often unsalvageable, demanding the coverage requirement.

3. Earthquake

This is a risk to companies that is often limited to certain locations that are well known for experiencing these natural occurrences. Earthquakes are typically unpredictable in relation to when they will occur, or the strength they have, so business property insurance helps to create a security blanket in relation to this unknown occurrence.

4. Theft

Surprising for many, the risk for theft is often a more common source of damage than the previously mentioned coverage risks. This is a risk that is never expected and can occur at anytime; making it essential you utilize a resource that will protect your interests.

5. Open Perils

An open perils clause often helps in covering any business property insurance risks that weren’t thought of when getting your policy. This represents the ultimate security blanket for unforeseen circumstances and is a must in order to avoid claim rejection from your insurance policy.

These five potential disasters often generate enough concern for a company to take advantage of the low cost protection that is available with business property insurance.Weigh the potential risks that could affect your company and make sure you are looking out for the best interests of protecting your company investment.

Insurance has a long history of representing a vital component for those who seek its benefits, as well as the largest regret for those who do not. Protect your company for the dangers of unpredictable circumstances by investing in the coverage offered with business property insurance. Discover the best policies to help protect your business investment by taking advantage of the expertise found at http://www.insurancenavy.com/


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